Gobind bought a vehivle for Rs 45000 and then brought some spare parts. He sold it at a loss of 20percent and got a selling price of Rs 40000.What is the amount spent by him to buy the spare parts
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Answer:
The amount of spare parts bought by him is ₹ 5,000.
Solution :-
40,000 = 80% x (X) ........ where X denotes the total amount of vehicle including the spare parts.
Now,
40,000 = 80/100 (X)
40,000 x 100/80 = (X)
X = 50,000
As the vehicle's value is ₹45,000 then, price of spare parts is 50,000 - 45,000= ₹ 5,000
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